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Jiangyin Haida Rubber and Plastic Co (SZSE:300320) Total Inventories : ¥637 Mil (As of Dec. 2024)


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What is Jiangyin Haida Rubber and Plastic Co Total Inventories?

Jiangyin Haida Rubber and Plastic Co's total inventories for the quarter that ended in Dec. 2024 was ¥637 Mil. Jiangyin Haida Rubber and Plastic Co's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ¥580 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jiangyin Haida Rubber and Plastic Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangyin Haida Rubber and Plastic Co's Days Inventory for the three months ended in Dec. 2024 was 66.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangyin Haida Rubber and Plastic Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.38.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Jiangyin Haida Rubber and Plastic Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.61.


Jiangyin Haida Rubber and Plastic Co Total Inventories Historical Data

The historical data trend for Jiangyin Haida Rubber and Plastic Co's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jiangyin Haida Rubber and Plastic Co Total Inventories Chart

Jiangyin Haida Rubber and Plastic Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 413.41 504.47 470.47 488.17 637.32

Jiangyin Haida Rubber and Plastic Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 488.17 484.81 503.82 521.77 637.32

Jiangyin Haida Rubber and Plastic Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Jiangyin Haida Rubber and Plastic Co  (SZSE:300320) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Jiangyin Haida Rubber and Plastic Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(134.982+0.75 * 1641.397+0.5 * 637.315-1491.642
-0-39.516)/601.234
=0.26

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Jiangyin Haida Rubber and Plastic Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=579.5435/798.202*365 / 4
=66.25

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Jiangyin Haida Rubber and Plastic Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=798.202 / 579.5435
=1.38

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Jiangyin Haida Rubber and Plastic Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=579.5435 / 954.768
=0.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Jiangyin Haida Rubber and Plastic Co Total Inventories Related Terms

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Jiangyin Haida Rubber and Plastic Co Business Description

Traded in Other Exchanges
N/A
Address
No.585, Yungu Road. Zhouzhuang, Jiangyin City, Jiangsu, CHN
Jiangyin Haida Rubber and Plastic Co Ltd operate in the rubber and plastic seal industry. The company primarily engaged in the manufacturing and distribution of rubber and plastic parts. It offers window and door seals, automotive rubber seals, container door gasket, engineering rubber products, plastic injection parts, sealing expansion joints, tunnel segment gasket, and rail vehicle rubber parts. The products are widely applied in the industry of construction, tunnel, marine, container, vehicle, and railway.
Executives
Wang Yang Director
Wu Tian Yi Directors, executives
Hu Yun Xin Directors, Directors, and Executives
Chen Min Gang Supervisors
Gong Jian Director
Li Guo Xing Supervisors
Liu Gang Independent director
Zhu Jian Juan Executives
Qian Zhen Yu Directors, executives
Sun Min Hua Directors, executives
Li Guo Jian Supervisors
Hua Ping Executives

Jiangyin Haida Rubber and Plastic Co Headlines

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